Retail Exodus Rocks Arizona: Twenty-One Stores to Close

Bargain Bloodbath: Arizona Suffers 21 Major Retail Casualties

Photo byEvan WiseonUnsplash

Arizona's retail landscape is facing a significant blow as Big Lots announces the closure of 21 stores across the state. The Grand Canyon State is bearing the brunt of this retail giant's financial struggles, with more locations shuttering here than in any other state.

Big Lots, the discount retail behemoth, has filed for Chapter 11 bankruptcy protection, with Arizona set to lose a staggering 21 stores - the highest number in the nation. This move comes as part of a larger restructuring plan that will see 295 stores closing immediately across the country, with an additional 250 slated for closure by early 2025.

While CEO Bruce Thorn attempts to paint the bankruptcy as a strategic move towards new ownership and streamlined operations, industry experts like Neil Saunders of GlobalData view it as an "inevitable" outcome of relentless pressure on both revenue and profits.

The closure of 21 Big Lots stores in Arizona underscores the challenging economic environment facing brick-and-mortar stores in the region. As shoppers brace for the impending closures, they can still use gift cards and store credit at the remaining locations.

The retail industry watches closely as this once-thriving business fights for survival in a rapidly evolving market, with Arizona at the epicenter of its most dramatic changes. The impact on local communities and employment in the state remains to be seen as these closures unfold.

Arizona Big Lots Locations Closing

Big Lots will close 21 locations in Arizona. Their locations are:

• Flagstaff
• Gilbert
• Glendale
• Green Valley (Sahuarita)
• Laveen
• Mesa
• East Mesa
• Payson
• Peoria
• Phoenix - Ray Road
• Phoenix- 75th Avenue
• Phoenix- Bell Road
• Phoenix- West Bethany Road
• Phoenix- East Bell Road
• Prescott
• Scottsdale
• Tempe
• Tucson - North Oracle Road
• Tucson- West Ina Road
• Tucson- Davis Monthan Air Force Base
• Northeast Tucson

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